General Announcement::News Release: SGX welcomes JihSun Futures as Derivatives Trading Member

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
22-Mar-2016 14:41:14
Status
New
Announcement Sub Title
News Release: SGX welcomes JihSun Futures as Derivatives Trading Member
Announcement Reference
SG160322OTHRHX3T
Submitted By (Co./ Ind. Name)
Leela Pandit
Designation
Vice President
Effective Date and Time of the event
22/03/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed Taiwan-based JihSun Futures Co., Ltd to its derivatives market as a Trading Member.

Michael Syn, Head of Derivatives at SGX said, "We are pleased that JihSun Futures has joined SGX as a Trading Member. The participation of JihSun Futures and their network of clients will add to the liquidity in our growing suite of derivatives products."

Yang Chih Kuang, Chairman of JihSun Futures, said, "Joining SGX as a Derivatives Trading Member marks a milestone of JihSun Futures expansion into Asia's capital markets. Not only does it strengthen JihSun Futures competitiveness, but it also provides a reliable and complete execution service for the customers. We look forward to working with SGX to better service our clients in the future."

The admission of JihSun Futures Co., Ltd brings the total number of Trading Members in SGX's derivatives market to 50. The derivatives market also has 24 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives on SGX AsiaClear. In the securities market, there are 27 Trading Members and 25 Clearing Members.

Attachments

20160322_SGX_welcomes_JihSun_Futures_as_Derivatives_Trading_Member.pdf
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